TERRY 18
TERRY 18 is a Texas gas lease in Sterling County, Railroad Commission district 08, operated by American Cometra, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 476,431 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $69K, with roughly $12K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 288 thousand cubic feet a month. Its strongest month on the record we hold was September 2017, at 1,116 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about TERRY 18
- Who operates TERRY 18?
- TERRY 18 is operated by American Cometra, Inc., Railroad Commission of Texas operator number 018008.
- Where is TERRY 18?
- TERRY 18 is a Texas gas lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 096829.
- Is TERRY 18 still producing?
- TERRY 18 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TERRY 18 is August 2026.
- How much has TERRY 18 produced?
- TERRY 18 has reported 476,431 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TERRY 18 worth?
- The remaining production from TERRY 18 is estimated to be worth about $69K in total as of 26 August 2026, within a range of $54K to $84K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TERRY 18 is a fraction of it. The estimate fits an Arps decline curve to the production TERRY 18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TERRY 18 is an estimate of value, not an offer and not an appraisal.
- How much income does TERRY 18 generate in a year?
- TERRY 18 is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TERRY 18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Cometra, Inc. |
|---|---|
| Field | Conger (Penn) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 096829 |
| Wellbores | 1 |
| Reported production | 476,431 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $69K |
Where TERRY 18 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.